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Raquel
Raquel N. is a high-school teacher. She is married and has two school-age children. Raquel is requesting a loan for construction work in her house.

She would like to purchase construction materials such as sand, cement, concrete blocks, and ceramics. The prior loans from Ceprodel have been a great help, and little by little have allowed Raquel to build her own home.
View original language description ↓
La Sra. Raquel N. es maestra de secundaria, es casada, tiene dos niños menores los dos en edad escolar, el dinero lo solicita para construcción de su casa compra de materiales como arena, cemento, bloque, hierro y cerámica y si los crédito que ha tenido con Ceprodel le han ayudado mucho ya que ha podido lograr poco a poco la construcción de su vivienda.

Additional Information

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Nicaragua

  • $3,636
    Average annual income
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,440,725
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Raquel purchase of sand and cement for construction of an additional room.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011